The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-06-23
HONEY OF MISSOURILNS
EXCHANGED FOR DIRT In THE
BLUFF CITY.
Seventy.Two Acres OF Land, Known
rs the Hill and Bethel
Tract,
SOLD TO A SYNDICATE OF FOR.
fISS CAPITALISTS.
Why the Gentlemen Have an Abid-
ing Faith In the Future
Of Memphis.
AN EARLY COMPILE TION OF THE
DUMMY RAILROAD ASSURED.
Its Importance In Developing and
Pushing Forward Material
Interests Of the City.

1t is undoubtedly true that one hall
the world knows not what the other
part is doing. For the same reason,
surprising though it is, a similar divi.
sion msy bs made in Memphis. There
are gigantic movements going on daily
that never reach public notice until
conceolment cannot longer be kept.
Men Of capital come aud go unher.
aided and unknown, save to those
with whom actual transactions rave
taken place. Their visits invariably
have a deep significance for Memphis,
the msgnituds Of which will only be
known sf,er the city's growth has
crept upon the attention of those who
psrsistsntly close their eyes to it.
"You are the man l wish to see, f"
said Mr.. J. A. Van Hoose to an AP.
PEAL representative yesteid day alter
noon. "rhere sre number Of. men
here from Missouri and Birmingham
whom l wish you to see and converse
with. Just listen to Their glowing
views of the future OF Memphis, and
you will no longer regard me as an
imaginary enthusiast. Thess people
think l am crank and q wild-eyed
blowhard because i preach Of the
g'arious outlook OF the place. Hear
these men and judge for yourself"
The good-Iatured ard earnest ad-
vie was acted upon, and the reporter
sought the visitors at the Gsyoso He
tel. None of them were In, bat Col.
+. III. White, who is associated with
them in the enterprise alluded to-,
cheerfully. gave all the information
necessary From him it was learned
that the Hill and Bethel tract OF land
Just south of the city had been dis.
posed OF TO Missouri and Memphis
syndicate for $163,000. The cash has
been paid, papers arranged, and the
new ownership Is absolute. The names
of the gentlemen are as follows:
Mesers. Milton Welsh, L. Reilsback,
Harrison & Plat, Frank Chick, NJ. g.
Dowdon, ]. e. Lockwood and ]. M.
Avery, Of Kansas City; Menser &
Lands end scott Nesbelt, 0sce-
ola, Mo and F. FL. White, ofthis city.
The tract embraces seventy.two acres,
sixty-nxty of which were purchased
from Mr.. Napoleon Hill, aud the re-
mainder from Col. w. d. Bethel. II
lies Just east of Mr.. John Gsston's, is
the highest point around Memphis,
and beautifully situated for residence
purposes. 1t Is skirted on the west
and south by the Dummy railroad,
rendering transportation to the city
easy and rapid. The new owners in
tend subdividing it into lots, opening
broad avenues, aud otherwise arrang
ing to make it a favorite spot for ele-
CANT homes. A condition OF every
purchase will be the erection of a
handsome structure.
"What first attracted these gentle
men to Memphis ?" asked the reporter
of Mr.. White,
SITS natural advantages, which
have become famous. They came,
cav, and went away determines to re-.
turn and possess themselves Of some
OF our dirt A few weeks ego / went
to Mr.. Hill ard told him to place the
valuation with me and l would sell it
for him. He laughed end named the
price, which he supposed would stun
me. l then asked him to put it in
black aud white. He did go, and in
lees than two wesks the money was
bis. The gentlemen mentioned are
out the cash, but own what they con-
slider more than its equivalent"
Some of the visitors were then seen,
and confirmed both Mr.. White and
Mr.. Van Hoose. They were gratified
to find business mtn awaking to the
importance OF the city and willing to
encourage the importation OF other
things besides king cotton. Manu-
featuring concerns, 80 far as they
could determine, would be heartily
welcomed, and assisted If necessary.
They had thoroughly examined the
situation, studied the history OF the
place and familiarizsd themselves with
the railway aud river facilities for i'm
port and export. In the light Of
reason aud sound judgment, what
batter field for investment could be
found? Their native city was pros.
porous, with wide field for laying
out none, advantsgeoHsly, but 1t is
not ahead OF Memphis. Freight rates
are bstter from here than almost any
city in the country, and the bearing
of this on the general situation cuts
no small figure.